Hillside Village II Inc

Analysis

Hillside Village II Inc is a registered charity in United States, based in Vineyard Haven, MA. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Hillside Village II Inc reported income of $199k and spending of $215k, spending 108% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $149k to $199k (+34%), an average of +7.5% a year. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Hillside Village II Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Calhoun Homes Inc ($199k), Monadnock Area Transitional Sheltering ($199k) and Wyoming Dementia Care ($199k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $57k. At year end it held assets of $703k against liabilities of $291k, net assets of $411k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.